- Agreement marks Dialogue's entry into the U.S., the world's
largest addressable health and wellness market, providing new
growth opportunities
- Agreement paves the way for additional deals in the U.S. and
other international markets
MONTREAL, July 13,
2023 /CNW/ - Dialogue Health Technologies Inc. (TSX:
CARE) ("Dialogue" or the "Company"), Canada's premier virtual healthcare and
wellness platform, is pleased to announce that it has reached an
agreement with Sun Life U.S. to license its platform and distribute
its services to members in the U.S. The platform will be used to
provide a modern health and wellness experience to members of Sun
Life's U.S. Health and Risk Solutions business, empowering them to
take proactive action on their health and improve health outcomes.
This agreement deepens Dialogue's partnership with Sun Life, which
was established in Canada in
March 2020.
In the first phase of the agreement, Sun Life U.S. will
develop a program using Dialogue's platform to engage approximately
600,000 members at meaningful moments in their health journey and
help them take proactive health actions. The agreement includes the
potential to extend the program in the coming years.
"We are very excited to partner with Sun Life U.S. to help
support their members and drive positive health
outcomes," said Cherif Habib, Chief Executive Office of
Dialogue. "This agreement also represents a significant
milestone in Dialogue's growth strategy, providing exposure outside
our home market of Canada. We are
pleased to bring our technology and services to the United States and to do so with a partner
that has depth and breadth of expertise and provides us with
immediate scale in the market."
Sun Life U.S. will also have the opportunity to add other
capabilities to the licensed platform in the future.
Alexis Smirnov, Chief Technology
Officer of Dialogue, added: "We have been growing the Dialogue
platform for over seven years and believe it is a tremendous
resource to drive positive health and business outcomes, which
benefit from the seamless integration of services that our platform
makes possible. With Sun Life, we believe our platform will enhance
their ability to address the health and wellness needs of their
members and increase engagement."
About Dialogue
Incorporated in 2016, Dialogue is Canada's premier virtual healthcare and
wellness platform, providing affordable, on-demand access to
quality care. Through our team of health professionals, we serve
employers and organizations who have an interest in the health and
well-being of their employees, members and their families. Our
Integrated Health Platform™ is a one-stop healthcare hub that
centralizes all of our programs in a single, user-friendly
application, providing access to services 24 hours per day, 365
days per year from the convenience of a smartphone, computer or
tablet. Dialogue is the first virtual care provider to receive the
Accreditation Canada Primer award, a third-party validation of
safety and high-level quality of care.
Forward-Looking
Information
This release includes "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of applicable securities laws.
Forward-looking information may relate to anticipated events or
results and may include information regarding our financial
position, business strategy, growth strategies, plans and
objectives.
In some cases, but not necessarily in all cases, forward-looking
statements can be identified by the use of forward-looking
terminology such as "plans" "targets", "expects" or "does not
expect", "is expected", "an opportunity exists", "is positioned",
"estimates", "intends", "assumes", "anticipates" or "does not
anticipate" or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might", "will" or "will be taken", "occur" or "be
achieved". In addition, any statements that refer to expectations,
projections or other characterizations of future events or
circumstances contain forward-looking statements.
Forward-looking statements are not historical facts, nor
guarantees or assurances of future performance but instead
represent management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking statements are necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by Dialogue as of the date of this release, are subject
to inherent uncertainties, risks and changes in circumstances that
may differ materially from those contemplated by the
forward-looking statements. Important factors that could cause
actual results to differ, possibly materially, from those indicated
by the forward-looking statements include, but are not limited to,
the risk factors identified under "Risk Factors" in the Company's
latest annual information form, and in other periodic filings that
the Company has made and may make in the future with the securities
commissions or similar regulatory authorities in Canada, all of which are available under the
Company's SEDAR profile at www.sedar.com. These factors are not
intended to represent a complete list of the factors that could
affect Dialogue. However, such risk factors should be considered
carefully. There can be no assurance that such estimates and
assumptions will prove to be correct. You should not place undue
reliance on forward-looking statements, which speak only as of the
date of this release. Dialogue undertakes no obligation to publicly
update any forward-looking statement, except as required by
applicable securities laws.
Although we have attempted to identify important risk factors
that could cause actual results to differ materially from those
contained in forward-looking information, there may be other risk
factors not currently known to us or that we currently believe are
not material that could also cause actual results or future events
to differ materially from those expressed in such forward-looking
information. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information.
Accordingly, you should not place undue reliance on forward-looking
information. The forward-looking information represents our
expectations as of the date of this press release (or as the date
it is otherwise stated to be made) and is subject to change after
such date. However, we disclaim any intention or obligation or
undertaking to update or revise any forward-looking information
whether as a result of new information, future events or otherwise,
except as required under applicable Canadian securities laws. All
of the forward-looking information contained in this earnings
release is expressly qualified by the foregoing cautionary
statements.
SOURCE Dialogue Health Technologies Inc.